12 01 11 Sen. Dem Update Foreclosure Crisis FINAL

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THE FLORIDA SENATE

SENATE DEMOCRATIC OFFICE


Location 228 Senate Office Building Mailing Address 404 South Monroe Street Tallahassee, Florida 32399-1100 (850) 487-5833

NAN H. RICH
Democratic Leader

Senates Website: www.flsenate.gov

ARTHENIA L. JOYNER
Democratic Leader Pro Tempore

FOR IMMEDIATE RELEASE December 1, 2011

CONTACT: MICHELLE DeMARCO 850.487.5833

This Week on the Florida Senate Democratic Update

The Foreclosure Crisis: As Californias AG Issues Subpoenas, Floridas AG Quits Worrying


TALLAHASSEE In the ongoing foreclosure crisis, California and Florida have a lot in common when it comes to the high number of people caught in its grip, but thats about where the similarities end. Californias attorney general has been aggressively pursuing banks and lender service companies, recently issuing another round of subpoenas in her drive to pursue criminal and civil charges on behalf of victims of mortgage fraud and other unscrupulous foreclosure practices. In Florida, Attorney General Pam Bondi took a decidedly different track. Not only did she move to protect financial companies from criminal prosecution, but fired two of the most aggressive attorneys in her agency pursuing mortgage fraud shortly after taking office. News of the ouster prompted a flurry of activity to justify the abrupt dismissals, with the attorney general apparently more concerned with her own well being than that of victimized homeowners. I can finally go to sleep now and quit worrying about how these women will attempt to destroy me, Bondi confided in one late-night email. This week on the Florida Senate Democratic Update, Senator Eleanor Sobel (D-Hollywood) talks about Floridas approach to the foreclosure fraud crisis, and the firings of June Clarkson and Theresa Edwards. Three months after Bondis request to a fellow Republican Cabinet member for an outside investigation of the dismissals, Senator Sobel is still waiting for answers. Watch this weeks reality check at: http://www.youtube.com/flasenatedems or www.flsenate.gov/offices/minority. ###

MIKE HARIDOPOLOS President of the Senate

MICHAEL S. "MIKE" BENNETT President Pro Tempore

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